Wave Chasing

Woke up late and then there was rugby to be watched, so I really don’t have a lot of insight on the day.

Have to say, I am really getting tweaked about the performance of my “managed money” at the brokerage.

Closed:
FWLT, +3.87%, in/out (3×2)

Month to Date:
My ports: 0.20%
Brokerage: -7.00%
BBE Overall: -2.28%
S&P -8.57%
% of Trading Targets reached: -71.25%
I’m screwed ratio: 1.6 to 48.7
Long to Cash %s: 39.08% to 60.92%

Well, THAT fairly well sucked. (Dumbass RIMM trade notwithstanding.)

I did like that someone pointed out “Why did it take GM getting to a 35 year low before someone said, ‘Sell’?”

Thing is, MTD, the WaveChasing port is holding up pretty damn well. It’s a real shame my managed brokerage account couldn’t be keeping up.

Opened:
2 GTrades picks

Closed:
RIMM -9.65%, held overnight, 3×2, idiot me didn’t realize they were going into earnings (HOW DID I MISS THAT????)

Month to Date:
My ports: -0.80%
Brokerage: -6.98%
BBE Overall: -2.93%
S&P -8.21%
% of Trading Targets reached: -91.54%
I’m screwed ratio: 1.8 to 48.7
Long to Cash %s: 38.75% to 61.25%

Not really much of a big reaction to the lack of action by the Fed today.

Closed:
AMZN +1.91%, in/out (3×2)
RYAAY +2.03%, in/out (3×2)

Opened:
GTrades pick
RIMM (3×2, and a dumbass move – I do not know how I could not have known they were reporting earnings tonight???)

Month to Date:
My ports: 0.72%
Brokerage: -4.88%
BBE Overall: -1.21%
S&P -5.58%
% of Trading Targets reached: -38.04%
I’m screwed ratio: 1.3 to 48.7
Long to Cash %s: 31.91% to 68.09%

Everyone is in Fed watching and waiting mode.

Have a couple good 3×2’s that have triggered and a GTrades pick that has confirmed, but I’m not really sure about going long before the meeting tomorrow.

Nothing opened/closed today.

Month to Date:
My ports: 0.36%
Brokerage: -5.59%
BBE Overall: -1.69%
S&P -6.10%
% of Trading Targets reached: -53.15%
I’m screwed ratio: 1.4 to 48.7
Long to Cash %s: 18.03% to 81.97%

Just not much excitement today. I think folks have taken off on summer holiday.

Opened:
Added to FCX (3×2)

Closed:
IO, +2.76, held overnight (GTrades)

Month to Date:
My ports: 0.58%
Brokerage: -5.02%
BBE Overall: -1.35%
S&P -6.34%
% of Trading Targets reached: -42.44%
I’m screwed ratio: 1.4 to 48.7
Long to Cash %s: 18.20% to 81.80%

FedEx, financials, Boeing, etc, etc, etc.

Closed:
JNPR, -5/82%, held overnight (3×2, stopped out)
WGL, +2.22%, held 45 days (GTrades)

The port is basically empty at the moment!

Month to Date:
My ports: 0.51%
Brokerage: -3.56%
BBE Overall: -0.89%
S&P -4.35%
% of Trading Targets reached: -28.03%
I’m screwed ratio: 1.3 to 48.7
Long to Cash %s: 9.92% to 90.08%

I really don’t know what went on today – I honestly wasn’t paying attention… Had the audible alerts set on my charts so I didn’t miss anything critical, but mainly puttered about the house.

Closed:
CPHD, +2.72%, held 11 days
ELP, +3.43%, held overnight
PDC, +2.68%, held 3 days
All GTrades

Opened:
JNPR, 3×2

Month to Date:
My ports: 0.84%
Brokerage: -2.83%
BBE Overall: -0.43%
S&P -3.41%
% of Trading Targets reached: -13.35%
I’m screwed ratio: 1.2 to 48.7
Long to Cash %s: 23.30% to 76.70%

Spent most of the day away from the screens, so I really can’t say what drove the market action today.

Closed:
AAPL, +3.43%, in/out (3×2)

Opened:
GTrades pick

Month to Date:
My ports: 0.59%
Brokerage: -2.99%
BBE Overall: -0.65%
S&P -2.94%
% of Trading Targets reached: -20.30%
I’m screwed ratio: 1.3 to 48.7
Long to Cash %s: 38.79% to 61.21%

A very nice day. Very Nice.

Shame my professionally managed port isn’t quite keeping up! But, still staying ahead of the S&P for the month.

Closed:
CSCO, +1.63%, held 3 days (3×2)
FWLT, +1.9%, in/out (3×2)
CHKP, +1.41%, held 3 days (3×2)
COST, +1.91%, in/out (3×2)
ALTR, +.46%, held 3 days (3×2)

Opened:
GTrades pick

Month to Date:
My ports: 0.13%
Brokerage: -3.46%
BBE Overall: -1.11%
S&P -3.68%
% of Trading Targets reached: -34.32%
I’m screwed ratio: 1.3 to 48.7
Long to Cash %s: 32.00% to 68.00%

Had a kickass day going until oil spiked back to $137. Would someone please escort the damn speculators from the building?

Closed:
PKI +4.03%, held 20 days (GTrades)

Opened:
Added to ALTR and CSCO (3×2)

Month to Date:
My ports: -1.73%
Brokerage: -4.52%
BBE Overall: -2.69%
S&P -4.20%
% of Trading Targets reached: -83.58%
I’m screwed ratio: 1.6 to 48.7
Long to Cash %s: 49.71% to 50.29%